HDB CCI Trading System

Took profit at trade 4 for 45911, i know i should stay short but today everything will be cooked. So taking small profits. 

Trade 2 to 3 was with the help of HDB OUV otherwise i would have been at big loss. Thanx master

Good call. 

Trade one without HDB help i went short at 45911 and cut my loss at 46012 to go long for -101 pips

Trade two went long at 46017 and took profit at 46068 for  51 pips

Trade three went short at 46074 and took profit at 45945 for 129 pips

Trade 4 i went short at 45976 and still open. Will go short second one when signal is there.

ok not much happening...rather be conservative...closed last 2 for total of 360p...Thanks IG!!

cheers..great call!

Great call.

Thanks HDB - 80pts for me today.

I closed 1 for 100p..holding on to 2 more....im greedy today

ok not much happening...rather be conservative...closed last 2 for total of 360p...Thanks IG!!

I closed 1 for 100p..holding on to 2 more....im greedy today

Good morning HDB, what is the outlook for today? With tencent and BHP down in Australia are we going to go down at open?

Well done HDB and go for it.   There is still a gap up.  Hope it closes today.

I closed 1 for 100p..holding on to 2 more....im greedy today

Thank you HDB.   Banked a 150 points. 

Well done HDB 100p in the bank

Thanks HDB, another excellent call.

first target reached...Latest now add another 100p to target I gave!!

excellent!

Nice one HDB!!!! Thank you 

first target reached...Latest now add another 100p to target I gave!!

Nice one HDB!!!! Thank you 

I thought i should go back and look at the chart again and see whether there is something that i am missing here and this is what i came up with, i need to know what HDB, Argento and others think. 

From the attached graph you will see three arrows: 

1. There is a gap that was left not filled on the 8th of August, i know not all gaps are closed but there is more

2. CCI (20) is now below 0 and that angle at which it crossed 0 is pointing down big time

3. MACD is still below 0 and about to cut the signal line from above, that looks quite bearish for me 

What concerns me more is that the trend line coincides with the lower Bollinger Band and support at around 45,400. 

Looking at this set up it looks like things are not looking good for Bulls until we fill that gap and maybe touch the lower Bollinger Band and hoping that she will bounce off the trend line. 

What is your take on this? 

anyone in class still has any open positions with IG tonight?

Still Long, had to hedge my 2 old short positions against dividend. Took another long 3 minutes before dividend paid. That one looks OK. The crisis in Ukraine must just not escalate this weekend. 

Hi BT    

Do not worry. I bought ADI at 7.70...  Latest 6.70

Think of the long term. Also if I may. Try stay away from penny stocks

If too small. No buyers

Enjoy the weekend

I think that I am now starting to understand why you seasoned members have so little faith in the brokers. Almost every time I opened a position this week, the markets immediately went off in the opposite direction and when I closed the position then the markets went in the direction I wanted.

I am starting to get a bit paranoid with this.

Thank you HDB  much appreciated.

Your comments often

Have a great weekend all

Good night